Milestone Achievement Criteria definition

Milestone Achievement Criteria has the meaning set forth in Exhibit C (Contract Pricing, Payments and Milestone Achievement Criteria).
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Milestone Achievement Criteria means the criteria specified in the Project Plan for the achievement of a Milestone;
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Milestone Achievement Criteria means the criteria to be met by the Service Provider in order to achieve a Milestone, as specified in Table 1 of schedule 3 (Milestones and Deliverables) or as specified as a result of the Change Control Request Procedure;
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Examples of Milestone Achievement Criteria in a sentence

  • The Milestone Achievement Criteria below shall be in addition to the documentation required to be provided by Contractor in accordance with Article 7 of the Agreement.

  • If it is determined by written agreement of the Parties or pursuant to Article 22 (Dispute Resolution) that a breach of warranty did not exist, Owner shall be liable to Contractor for the incremental costs incurred by Contractor as a result of any cure measures performed by Contractor, such costs to be reimbursed in accordance with the Default Pricing for Contractor services set forth in Exhibit C (Contract Pricing, Payments and Milestone Achievement Criteria).

  • PART I: MILESTONES PAYMENTS AND MILESTONE ACHIEVEMENT CRITERIA The following Milestone Payments (1-12) will be paid on a Site-by-Site basis upon satisfactory completion of the corresponding Milestone Achievement Criteria in accordance with the requirements of the Contract.

  • With respect to warranties that are not assignable or for which Owner is the intended third-party beneficiary, Contractor shall enforce such warranty on behalf of Owner prior to the first anniversary of the Acceptance of the City Network to which the warranted material, equipment or services attaches; thereafter, upon Owner's request, Contractor shall provide such enforcement on a Task-Order Pricing basis set forth in Exhibit C (Contract Pricing, Payments and Milestone Achievement Criteria).

  • Except pursuant to Article 11 (Changes in Scope of Work) or Exhibit C (Contract Pricing, Payments and Milestone Achievement Criteria), and as otherwise expressly set forth in this Contract, the Contract Sum is not subject to any escalation or to any adjustment or revision.

  • In consideration of Contractor's performance of the Work in accordance with this Contract, Owner shall pay Contractor the amounts determined in accordance with Exhibit C (Contract Pricing, Payments and Milestone Achievement Criteria) (collectively the "Contract Sum") in accordance with the payment conditions and Milestones set forth therein, as may be adjusted pursuant to this Contract.

  • Subject to the license granted in Article 17(c), during the term of this Contract, Owner shall be provided electronic access to Contractor's workflow management system as deployed on the Project (such system known as "WINDS") in accordance with Exhibit B (SOW) and Exhibit C (Contract Pricing, Payments and Milestone Achievement Criteria).

  • All Work associated with each Work Unit set forth under each Milestone must be satisfactorily completed in accordance with the requirements of the Contract for the Milestone Achievement Criteria to be met and the Milestone Payment to be payable.

  • Payment amounts and Milestone Achievement Criteria for Systems Engineering Work are set forth in Section 11 herein.

  • Contractor shall, upon direction of Owner and at Owner's expense, use commercially reasonable efforts to protect and preserve property in the possession of Contractor or its Subcontractors in which Owner has an interest and shall facilitate access to and possession by Owner of items comprising all or part of the Work terminated, such expenses to be reimbursed at the Default Pricing set forth in Exhibit C (Contract Pricing, Payments and Milestone Achievement Criteria).


More Definitions of Milestone Achievement Criteria

Milestone Achievement Criteria means any high level criteria as set out in ANNEX 5 (Milestones, Deliverables and Grant Claim Schedule) which must be met before a Milestone has been achieved; Minimum Requirements means the minimum requirements for the Collaboration Agreement as set out in section 41 of ANNEX 3 (Collaboration Agreement);
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Milestone Achievement Criteria means the criteria to be met by the Service Provider in order to achieve a Milestone, as specified in Table 1 and Table 2 of schedule 3(Milestones and Deliverables) or as specified as a result of the Change Control Request Procedure;
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Milestone Achievement Criteria shall include the term “Detailed Milestone Achievement Criteria”, as applicable;
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Related to Milestone Achievement Criteria

  • Performance Milestone means an act or event specified in section 5.1 and described in section 9 of the EPLA.

  • Milestone 2 means achievement of annual Net Sales of at least $35,000,000 during any Calendar Year ending on or before December 31, 2024.

  • Milestones means control points in the project that help to chart progress. Milestones may correspond to the completion of a key deliverable, allowing the next phase of the work to begin. They may also be needed at intermediary points so that, if problems have arisen, corrective measures can be taken. A milestone may be a critical decision point in the project where, for example, the consortium must decide which of several technologies to adopt for further development.

  • ASAM criteria means admission, continued service, transfer, and discharge criteria for the treatment of substance use disorders as published by the American Society of Addiction Medicine (ASAM).

  • Performance Criteria means the criteria (and adjustments) that the Committee selects for an Award for purposes of establishing the Performance Goal or Performance Goals for a Performance Period, determined as follows:

  • Evaluation Criteria means the criteria set out under the clause 27 (Evaluation Process) of this Part C, which includes the Qualifying Criteria, Functional Criteria and Price and Preferential Points Assessment.

  • Milestone 1 means achievement of annual Net Sales of at least $20,000,000 during the Calendar Year ending on December 31, 2021.

  • Development Milestone is defined in Section 5.3.

  • Performance Targets means the specific objective goal or goals (which may be cumulative and/or alternative) that are timely set in writing by the Committee for each Executive for the Performance Period in respect of any one or more of the Business Criteria.

  • Milestone means an event or task described in the Implementation Plan which must be completed by the corresponding date set out in such plan;

  • Development Milestone Event has the meaning set forth in Section 7.2.1.

  • Milestone Events has the meaning set forth in Section 7.2.

  • Performance Target means the level of performance expected of the HSP in respect of a Performance Indicator or a Service Volume; “person or entity” includes any individual and any corporation, partnership, firm, joint venture or other single or collective form of organization under which business may be conducted;

  • Performance Objective means a standard established by the Committee to determine in whole or in part whether a Performance Award shall be earned.

  • Development Milestone Payment shall have the meaning set forth in Section 9.2(a).

  • Milestone Dates means the dates for completion of specified Project activities as contained in the Project Schedule.

  • Performance Measure means one or more of the following selected by the Committee to measure Company, Affiliate, and/or business unit performance for a Performance Period, whether in absolute or relative terms (including, without limitation, terms relative to a peer group or index): basic, diluted, or adjusted earnings per share; sales or revenue; earnings before interest, taxes, and other adjustments (in total or on a per share basis); basic or adjusted net income; returns on equity, assets, capital, revenue or similar measure; economic value added; working capital; total shareholder return; and product development, product market share, research, licensing, litigation, human resources, information services, mergers, acquisitions, sales of assets of Affiliates or business units. Each such measure shall be, to the extent applicable, determined in accordance with generally accepted accounting principles as consistently applied by the Company (or such other standard applied by the Committee) and, if so determined by the Committee, and in the case of a Performance Compensation Award, to the extent permitted under Code Section 162(m), adjusted to omit the effects of extraordinary items, gain or loss on the disposal of a business segment, unusual or infrequently occurring events and transactions and cumulative effects of changes in accounting principles. Performance Measures may vary from Performance Period to Performance Period and from Participant to Participant, and may be established on a stand-alone basis, in tandem or in the alternative.

  • Performance Objectives means the performance objective or objectives established by the Committee pursuant to the Plan. Any Performance Objectives may relate to the performance of the Company or one or more of its Subsidiaries, divisions, departments, units, functions, partnerships, joint ventures or minority investments, product lines or products, or the performance of the individual Participant, and may include, without limitation, the Performance Objectives set forth in Section 13(b). The Performance Objectives may be made relative to the performance of a group of comparable companies, or published or special index that the Committee, in its sole discretion, deems appropriate, or the Company may select Performance Objectives as compared to various stock market indices. Performance Objectives may be stated as a combination of the listed factors.

  • Qualifying Performance Criteria means any one or more of the following performance criteria, either individually, alternatively or in any combination, applied to either the Company as a whole or to a business unit, Parent, Subsidiary or business segment, either individually, alternatively or in any combination, and measured either annually or cumulatively over a period of years, on an absolute basis or relative to a pre-established target, to previous years’ results or to a designated comparison group, and on a pre-tax or after-tax basis, in each case as specified by the Committee in the Award: (i) cash flow (including operating cash flow or free cash flow); (ii) earnings (including gross margin, earnings before interest and taxes, earnings before taxes, and net earnings); (iii) earnings per share; (iv) growth in earnings or earnings per share; (v) stock price; (vi) return on equity or average stockholders’ equity; (vii) total stockholder return; (viii) return on capital; (ix) return on assets or net assets; (x) return on investment; (xi) revenue; (xii) income or net income; (xiii) operating income or net operating income; (xiv) operating profit or net operating profit; (xv) operating margin; (xvi) return on operating revenue; (xvii) market share; (xviii) contract awards or backlog; (xix) overhead or other expense reduction; (xx) growth in stockholder value relative to the moving average of the S&P 500 Index or a peer group index; (xxi) credit rating; (xxii) strategic plan development and implementation (including individual performance objectives that relate to achievement of the Company’s or any business unit’s strategic plan); (xxiii) improvement in workforce diversity; (xxiv) expenses; (xxv) economic value added; (xxvi) product quality; (xxvii) number of customers; (xxviii) objective customer indicators; (xxix) customer satisfaction; (xxx) new product invention or innovation; (xxxi) profit after taxes; (xxxii) pre-tax profit; (xxxiii) working capital; (xxxiv) sales; (xxxv) advancement of the Company’s product pipeline; (xxxvi) consummation of strategic transactions; (xxxvii) reduction in cash utilization; and (xxxviii) addition of technologies and products. The Committee may appropriately adjust any evaluation of performance under a Qualifying Performance Criteria to exclude any of the following events that occurs during a performance period: (A) asset write-downs; (B) litigation or claim judgments or settlements; (C) the effect of changes in tax law, accounting principles or other such laws or provisions affecting reported results; (D) accruals for reorganization and restructuring programs; and (E) any gains or losses classified as extraordinary or as discontinued operations in the Company’s financial statements.

  • Milestone Event has the meaning set forth in Section 8.2.1.

  • Performance Goals means, for a Performance Period, the one or more goals established by the Board for the Performance Period based upon the Performance Criteria. Performance Goals may be based on a Company-wide basis, with respect to one or more business units, divisions, Affiliates, or business segments, and in either absolute terms or relative to the performance of one or more comparable companies or the performance of one or more relevant indices. Unless specified otherwise by the Board (i) in the Award Agreement at the time the Award is granted or (ii) in such other document setting forth the Performance Goals at the time the Performance Goals are established, the Board will appropriately make adjustments in the method of calculating the attainment of Performance Goals for a Performance Period as follows: (1) to exclude restructuring and/or other nonrecurring charges; (2) to exclude exchange rate effects; (3) to exclude the effects of changes to generally accepted accounting principles; (4) to exclude the effects of any statutory adjustments to corporate tax rates; (5) to exclude the effects of any “extraordinary items” as determined under generally accepted accounting principles; (6) to exclude the dilutive effects of acquisitions or joint ventures; (7) to assume that any business divested by the Company achieved performance objectives at targeted levels during the balance of a Performance Period following such divestiture; (8) to exclude the effect of any change in the outstanding shares of common stock of the Company by reason of any stock dividend or split, stock repurchase, reorganization, recapitalization, merger, consolidation, spin-off, combination or exchange of shares or other similar corporate change, or any distributions to common stockholders other than regular cash dividends; (9) to exclude the effects of stock based compensation and the award of bonuses under the Company’s bonus plans; (10) to exclude costs incurred in connection with potential acquisitions or divestitures that are required to be expensed under generally accepted accounting principles; (11) to exclude the goodwill and intangible asset impairment charges that are required to be recorded under generally accepted accounting principles; (12) to exclude the effect of any other unusual, non-recurring gain or loss or other extraordinary item; and (13) to exclude the effects of the timing of acceptance for review and/or approval of submissions to the U.S. Food and Drug Administration or any other regulatory body. In addition, the Board retains the discretion to reduce or eliminate the compensation or economic benefit due upon attainment of Performance Goals and to define the manner of calculating the Performance Criteria it selects to use for such Performance Period. Partial achievement of the specified criteria may result in the payment or vesting corresponding to the degree of achievement as specified in the Stock Award Agreement or the written terms of a Performance Cash Award.

  • Review Criteria has the meaning assigned to that term in Section 12.02(b)(i).

  • Project Milestones means the project milestones set forth in Schedule-G;

  • Goals means the annual level of participation by SBEs in City Contracts as established in this chapter, the SBE Regulations, or as necessary to comply with applicable federal and state nondiscrimination laws and regulations. Goals for individual Contracts may be adjusted as provided for in this chapter and shall not be construed as a minimum for any particular Contract or for any particular geographical area.

  • Milestone Date means the date set against the relevant Milestone in the Implementation Plan;

  • Goal means the intended or projected result of a comprehensive corrections plan or community corrections program to reduce prison commitment rates, to reduce the length of stay in a jail, or to improve the utilization of a jail.